NYC’s near-poverty rate drops by percentage point, de Blasio says

September 1, 2017

The rate of near-poverty in the city has dropped by a percentage point, Mayor de Blasio announced Tuesday — the first statistically significant drop since the 2008 recession and the largest drop since 2005. The near-poverty rate includes those New Yorkers living below the poverty line, as well as New Yorkers near the poverty line — making up to 50 percent above it, or $47,634 for a family of four. The near-poverty rate dropped from 45.1% in 2014 to 44.2% in 2015, the newly released New York City Government Poverty Measure report found. The rate of New Yorkers in actual poverty also dropped, from 20.6% in 2014 to 19.9% in 2015. New Yorkers not pleased with de Blasio on crime, poverty The administration said that between 2013 and the end of 2017, an estimated 281,000 people in the city will have moved out …READ MORE ON NYDAILYNEWS.COM